WH Trading Selects QuantHouse
QuantHouse, the leading independent global provider of end-to-end systematic trading solutions including innovative market data services, algo trading platform and infrastructure solutions, today announced that WH Trading, the leading global proprietary trading firm, has selected QuantHouse in order to leverage the QuantLINK and QuantFEED suite of advanced solutions.
WH Trading, the Chicago-based firm, trading the futures and options market across the US, Europe and Asian markets, is using QuantLINK, QuantHouse’s ultra-low latency, fully redundant 40G network to enable market access and delivery of market data at low latency speeds. The connectivity performance of the QuantLINK network is continually expanded upon to ensure the latest and fastest routes are available with new exchanges and alternative trading venues being constantly added to ensure that firms have access to the most extensive range of venues to enhance their trading strategies. QuantFEED handles all the upgrades and updates to ensure optimum connectivity routing to required markets at the lowest possible latency.
Salloum Abousaleh, Managing Director Americas, QuantHouse, said, “WH Trading is one of the largest market makers trading on the global markets. They have also led the field in terms of using only the latest and most advanced technology, whether built in-house or outsourced to third parties. We are therefore delighted to have been selected by WH Trading to handle some of their most critical applications,” Salloum continues, “We are seeing increasing demand for quantitative trading tools not only with innovative proprietary trading firms, but also with alternative investments, Hedge Funds, CTAs and asset managers looking to follow in the footsteps of firms such as WH Trading.”
Mike Madigan, CTO, WH Trading LLC, said, “We look to only deploy technology excellence and believe that trading performance can be mapped to the quality of trading infrastructures in place. We use QuantHouse raw exchange connectivity at a number of global exchange venues, and are very pleased with the performance of their direct connectivity offerings. From sales, to engineering, to operations, to support, QuantHouse has supplied us with high quality customer service.”
The fixed income trading software provider has connected to UBS Bond Port.
Uptake in electronic fixed income trading surprised in 2019.
The past half-century has transformed capital markets; is an encore ahead?
The deal will provide clients with on-demand integration to Trumid Market Center.
Rather than buy or build, Vela says buy and build is the way to look at it.